TRON Breaking Out Off Strong Support - Good Potential LongI really like the potential of this long entry as TRON breaks out off of strong support. Reason being is that even if the price reverses after the breakout, good support is there. TRXUSDT has one of the stronger USDT charts out there following BTC's collapse. It could indicate that the bulls are ready to push the price higher. The only caveat that could foil this plan is if BTC continues to sell off so have your SL ready below support just in case.
TRX
TRX is on it's supportHello my friends,
Tron is one of pioneer projects in crypto world. It is more potential to take good dominance of market in near future.
In this chart I drove support and resistance lines to show best places to buy and sell. Even I prefer to hold TRX for future.
Please follow me and like the idea if you think it's worth it.
TRX USDT LONG #TRXUSDT Update:
$TRX currently trading at 0.08586$
And $0.09120 IS the next resistance.
So what now..?
first step , TRX needs to touch the trend line (0.08358____0.07747____0.06334)
second step , TRX will go up to (0.09120$___0.11863$___0.13761$)
(low possibility) But If TRX breaks the $0.05919 support level thenTRX is entered in a bearish zone and My Target will be $0.04954
Hope this will not happen.
My Levels:
Support:0.08358$___0.07748$___0.06334$
Resistance: 0.09120$___0.11863$___0.13761$
longtime target: 0.13761$(70 days)
sl: 0.5919$
Must follow me for the latest crypto real-time updates.
good luck :)
Ready for the $ 1 Theron? When?The main issue in any investment, and more importantly the points of sale, are the points of purchase. As you can see in the chart, Theron has two main potential buying areas in Pullback.
Everything will depend on bitcoin reform.
But the answer to the main question: Will Theron see $ 1?
Yes and no! If you are investing in a short term, no. But if you want to invest with a vision of 6 months to a year, this is not far from expectation!
My favorites:
0.091633
0.07512
0.0824
TRON TRXUSDTTRX, as you can see, has been in an uptrend channel, basically the uptrend channels are breaking from the floor. Which is clear here.
TRX can pullback on the break line marked on the chart and correct again.
That is why we have to wait. Because it may return to its uptrend channel. Then this exit from the channel is not considered a failure and there they will say we had a fake breakout.
So we are waiting to see what he does with the break line and pullback! If approved, Goals 1 and 2 could be our target destinations.
First the load signal, then the confirmation signal, then the trade.
Be profitable.
TRX is more confused than everA look at TRX daily chart shows that the long-term and medium-term trends are bullish.But the short-term trend is very confusing , The price candle on September 22, for example, was very promising, but the trading volume was small , As a result, buyers were unable to offset their losses on September 23 and a Dodge candle was formed.Today the situation has become more complicated and after the formation of the Dodge candle, now the price changes with emotions.I think the downtrend is more likely Because with a simple look at the chart, it can be seen that the power of descending candlesticks is more than ascending candlesticks.In the short term, the most important support is 0.085 and the most important resistance is 0.12.
This is not a financial recommendation.
This is just a technical analysis.
🔥 TRX Still In A Bullish Channel: Two PossibilitiesSince the major reversal of crypto late July, TRX has seen a strong uptrend. As of early this morning, TRX has bounced off the lower trend line of the channel. This might be a temporary bounce.
The overall view on the market is quite bearish. Add the turmoil in the stock market to this, and we've got a potentially strong bearish on our hands.
In case of a bearish break out of the channel, I'm targeting $0.775, which is placed at the last significant low. In a bullish scenario, I'm looking at the $0.105 resistance. In case the stock market shrugs this move off, we might see a rebound fairly soon.
Happy trading!
TRON - Overlook ✅TRON has two main supports on the way down: one local for short term and one key support for long term which is the area we've consolidated on for a while.
I said on the way down because TRX also is going through corrections, just like the whole market, and we're not sure when it'll stop since there are strong sell volumes on the market.
Not a good time for opening long positions at all, not safe at all.
Use this chart as your trade setup for now.
Current Market Price: $0.09321
Good Luck
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